New Source Energy Partners L.P. PFD-A CONV
NUSPQ
Other OTC0.00
USD
- -
- -
ISIN
US64881E3071
CUSIP
64881E307
Return %
Stock
S&P500
1Y
- -
18.99
3Y
-97.50
64.75
5Y
-95.45
71.84
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- United States of America
- IPO Date
- May 27, 2015
- Similar Companies
- Business
- New Source Energy Partners L.P. is an independent energy company engaged in the acquisition, ownership, development, and production of oil and natural gas properties in the United States. The company operates through two primary segments: Exploration and Production, and Oilfield Services. Its product and service offerings include oil and natural gas extraction; wellsite services such as blowout prevention, surface valve installation, pressure testing, and flowback services; and full-service oilfield logistics supporting drilling and completion operations in both horizontal and vertical wells across oil, natural gas, and natural gas liquids (NGL) production regions in North America. Founded in 2012, New Source Energy Partners is headquartered in Oklahoma City, Oklahoma. In recent years, New Source Energy Partners has undergone significant operational and financial changes, including efforts to shed debt through the sale of oilfield services firms and restructuring initiatives to improve its balance sheet. Notably, the company filed a voluntary petition for liquidation under Chapter 7 in 2016 but has since continued operations focused on upstream oil and gas assets. Current strategic developments indicate a streamlined focus on vertically integrated infrastructure and efficient delivery across its asset base, though no major new acquisitions or partnerships have been publicly reported in the last 1-2 years. The company targets the upstream oil and gas industry within the United States, serving operators involved in exploration, drilling, and production activities. New Source Energy Partners' operational model emphasizes integrated service provision and asset ownership, aiming to optimize production and wellsite efficiencies. It operates primarily in onshore oil and natural gas fields across North America, leveraging its oilfield service capabilities to support exploration and production operations. The company is managed through its general partner, New Source Energy GP, LLC, and serves a range of industry customers requiring comprehensive oilfield services and resource development solutions. Overall, New Source Energy Partners L.P. presents itself as a focused American upstream energy company combining asset acquisition and operational services within the oil and natural gas sector, with a corporate history of adaptation through restructuring and an ongoing emphasis on integrated service delivery and infrastructure management.